AUDUSD
Dec. 10, 2015, 09:18
Buy on a level breakthrough of 0.7333 with 0.7383 target. Stop loss = 0.7283.
Reason for the trading strategy
The Aussie is popular after the publication of data for Australia's labor market. In November, the employment rate rose by 71.4 thousand people, and the unemployment rate fell from 5.9% to 5.8%. Such statistics winds down the expectations of a decline in the key interest rate in the country in the months to come.
AUDUSD, H4
Dec. 10, 2015, 09:18
Buy on a level breakthrough of 0.7333 with 0.7383 target. Stop loss = 0.7283.
Reason for the trading strategy
The Aussie is popular after the publication of data for Australia's labor market. In November, the employment rate rose by 71.4 thousand people, and the unemployment rate fell from 5.9% to 5.8%. Such statistics winds down the expectations of a decline in the key interest rate in the country in the months to come.
AUDUSD, H4
AUDUSD: growth after the publication of data for Australia's labor market
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